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Cerrena [4.2K]
3 years ago
12

2017, one article in the Wall Street Journal had the headline: "Federal Reserve Expected to Deliver Rate Increase." Source: Davi

d Harrison, "Federal Reserve Expected to Deliver Rate," Wall Street Journal , June 14, 2017. What rate was the headline likely referring to?
(A) Federal funds rate.
(B) Commercial rate.
(C) Discount rate.
(D) Treasury rate.
Business
1 answer:
nignag [31]3 years ago
3 0

Answer:

The correct option is A that is federal funds rate

Explanation:

Federal funds rate is the rate of interest which is charged by the banks on other banks in order to lend or give them the money from the balance of reserve on an overnight ground . And in accordance with  the law, the banks need to preserve or keep a reserve, that is equal to a particular % (percentage) of the deposits in the account at a Federal Reserve bank.

The headline is likely to address the federal funds rate in the journal.

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A serial process has 4 steps – A (4), B(3), C(3), D(2) – that have to be performed in this order. Numbers in parentheses are the
xz_007 [3.2K]

Answer:

if I had to take a guess my answer would be 50%

4 0
3 years ago
Terrace Salad issued a 25-year, annual bond with 8 percent coupon rate 15 years ago. The bond currently sells for 105 percent of
Andru [333]

Answer:

7.28%

Explanation:

Coupon rate = 8%

Nper = 10 (25-15)

PMT = 80 (1000*8%)

FV = 1000

PV = 1050

Yield to maturity = Rate(Nper, pmt, -pv, fv)

Yield to maturity = Rate(10. 80, -1050, 1000)

Yield to maturity = 0.072789069

Yield to maturity = 7.28%

Thus, the pretax cost of debt is 7.28%.

3 0
3 years ago
On November 1, 2021, Oriole Company purchased Skysong, Inc., 10-year, 10%, bonds with a face value of $710000, for $630000. An a
alekssr [168]
1300000 dollars is the answer I think
3 0
3 years ago
50 points and brainliest to first one who answers This chart shows a sequence of causes and effects in how banking can affect so
lord [1]

Answer:

Explanation: you got this!!!

6 0
2 years ago
For people who live near a bus route, a subway station, or a commuter rail line, public transportation provides a substitute to
Tom [10]

Answer: Positive.

Explanation:

Suppose there are two related goods, i.e, Good A and Good B.

Cross price elasticity of demand refers to the responsiveness of demand for Good A if there is a change in the price of its related good, i.e, Good B.

Now, we are talking about gasoline and public transportation, suppose if there is increase in the price of gasoline then it will be costlier for the people to drive their own cars, as a result demand for public transportation increases.

There is a positive relationship between the gasoline and public transportation.

Hence, cross-price elasticity of demand between gasoline and public transportation is Positive.

5 0
3 years ago
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